MANILA/SAN FRANCISCO – The government of the United States is optimistic on the signing of a historic ‘123 Agreement’ on nuclear power with the Philippine government that could help Filipino investors gain access not just to cutting-edge nuclear power technologies – including those of the...
Happy driving days will continue for Filipino consumers next week as oil prices will continue to track downtrend at the domestic pumps, according to the calculation of the oil companies. Based on the estimates of the industry players, the price of diesel in particular will have a heftier rollback...
Ayala group’s energy platform, ACEN Corp. has declared the cash dividends of its outstanding Series A Preferred Shares (PSE: ACENA) and Series B Preferred Shares (PSE: ACENB) for the fourth quarter of 2023. In a disclosure to the Philippine Stock Exchange on Friday, Nov. 3, ACEN’s board of...
The Manila Electric Co. (Meralco) said it will hold a competitive bidding for 1,800 megawatts of power supply next year after the Energy Regulatory Commission (ERC) approved the termination of its power supply deal with San Miguel's power generation unit. In a statement on Thursday, Nov. 2, Meralco...
To fulfill the President’s mandate for the country’s full electrification during his term, the Department of Energy (DOE) is scheduling within this quarter the first competitive selection process (CSP) or auction for the investors being enticed to energize more than 15,000 households along the...
Filipino firm Real Steel Corporation (RSC) has cemented a deal with TotalEnergies ENEOS, a joint venture between French firm TotalEnergies and Japanese firm ENEOS, for a 16.8-megawatt solar photovoltaic (PV) rooftop installation at the former’s manufacturing facility in San Simon, Pampanga. In a...
SEOUL – The conversion of gas pipelines as well as on-site production can help reduce the cost of hydrogen to commercially viable proportion and for it to thrive as a practicable energy solution starting in the 2030 timeframe, according to studies and assessments of UK-headquartered multinational...
The renewable energy-based capacity contracting of Manila Electric Company (Meralco) which now hovers at 1,800 megawatts had so far exceeded its initial target of 1,500 megawatts. Its ramped up capacity of clean energy procurements, according to Meralco Vice President and Chief Sustainability...
Despite forecasts of ‘yellow alert’ that could strain Luzon grid, the Department of Energy (DOE) is trying to lean on a 700-megawatt supply buffer or reserve margin to avert incidents of electricity service interruptions during the October 30 Sangguniang Kabataan (SK) and barangay elections....
Senator Sherwin Gatchalian on Thursday, October 26 urged the Department of Energy (DOE) and all distribution utilities, such as the Manila Electric Co. (Meralco), to ensure ample power supply in the upcoming barangay and Sangguniang Kabataan (SK) elections, particularly in areas declared by the...
The retail electricity supplier (RES) arm of Aboitiz Power Corporation has inked a deal to supply the electricity needs of NoBia Inc., the commissary support to the Max’s group of restaurants. In a statement to the media, Aboitiz Power noted that it will satiate the power needs of NoBia –...
Pangilinan-led PXP Energy Corporation is still focused on intensifying its plea to the government for the targeted lifting of the ‘force majeure’ roadblock that had been enforced on its planned exploration and drilling activities at its petroleum blocks along Palawan basin. The company has been...
